Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
GIIFOO Pros & Cons
- The broker operates as a registered MSB in Canada and the U.S.
- A wide selection of CFDs and currency pairs.
- Trading platforms with a clear interface and trade management.
- Support for Expert Advisors (EAs) compatible with MetaTrader 4 and MetaTrader 5.
- A web trading platform with 60+ indicators and 25 analytical tools.
- No separate commissions, with costs incorporated into the spread.
- Online account opening and identity verification.
- No choice of accounts. Beginners and experienced traders trade under the same conditions.
- A high minimum deposit at $500.
- Limited customer support channels and inconsistent service quality.
GIIFOO is a brokerage company with STP/ECN execution that has operated since 1997. It serves retail traders as well as brokers, asset managers, and technology companies across 50 countries and regions through eight offices worldwide. GIIFOO clients can trade more than 10,000 instruments, including Forex (80+ currency pairs), cryptocurrencies, indices, and precious metals, from one trading platform using quotes from 500+ liquidity providers. GIIFOO is registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), license No. C10001471. It also holds an MSB registration in the U.S. (No. 31000317784517).
TU Expert Verdict
GIIFOO demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Brokers Traders Prefer
GIIFOO User Reviews
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Is GIIFOO Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria8 /10GIIFOO has a safety score of 8/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- No negative balance protection
GIIFOO Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level Abbreviation FINTRAC Full Name Financial Transactions and Reports Analysis Centre of Canada Country of regulation Canada Investor Protection Fund Regulation Level Tier-1 GIIFOO Security Factors Foundation date - Negative balance protection NoVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4 /10GIIFOO offers the following account options: Demo.
However, GIIFOO does not provide a Standard account, which can be a drawback for traders who prefer classic spread-based pricing models.
- Low minimum deposit
- Demo account
- No ECN/Raw spread account
- No Cent account
GIIFOO account types vs top competitors GIIFOO Plus500 OANDA Standard NoYesYesECN/Raw spread NoNoYesDemo YesYesYesCent NoNoNoMicro NoNoYesSwap Free NoNoYesVIP NoNoNoManaged NoNoNoGIIFOO accounts trading conditions
GIIFOO provides the same trading conditions for all traders, regardless of experience level, deposit size, or preferred strategy. A live account can be opened only after submitting documents to verify identity and residential address. Verification is not required to open a demo account.
Account types:
Account Type Description Live A live account for trading currency pairs and CFDs on metals, oil, gas, cryptocurrencies, and indices. To start trading, a minimum deposit of $500 is required. Demo A demo account uses the same execution conditions, quotes, and instruments as a live account. Trading is conducted with virtual funds, so results do not affect real balances and do not generate profit. A demo account is useful for beginner traders and for testing new approaches. -
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology4.5 /10GIIFOO received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
GIIFOO offers limited payment options and accessibility, which may impact its competitiveness.
- Low minimum withdrawal requirement
- Minimum deposit below industry average
- Bank wire transfers available
- Bank card deposits and withdrawals
- BTC not available as a base account currency
- USDT payments not accepted
- Wise not supported
What are GIIFOO deposit and withdrawal options?
GIIFOO offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire. This limitation may restrict flexibility for users, making GIIFOO less competitive for those seeking diverse payment options.
GIIFOO Deposit and Withdrawal Methods vs Competitors GIIFOO Plus500 OANDA Bank Wire YesYesYesBank card YesYesYesPayPal NoYesYesWise NoNoNoBTC NoNoYesWhat are GIIFOO base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. GIIFOO supports the following base account currencies: USD.
What are GIIFOO's minimum deposit and withdrawal amounts?
The minimum deposit on GIIFOO is $500, while the minimum withdrawal amount is —. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact GIIFOO’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria4.8 /10GIIFOO offers a limited selection of trading assets compared to the market average. The platform supports 10,000 assets in total, including 80 Forex pairs.
- 80 supported currency pairs
- Indices trading
- Crypto trading
- No ETFs
- Bonds not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by GIIFOO with its competitors, making it easier for you to find the perfect fit.
GIIFOO Plus500 OANDA Currency pairs 80 60 68 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 10,000 2800 129 Stocks NoYesYesCommodity futures YesYesYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesYesYesStock indices YesYesYesOptions NoYesNoInvestment options
We also explored the trading assets and products GIIFOO offers for beginner traders and investors who prefer not to engage in active trading.
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Trading Account Opening
Score:We evaluated Trading Account Opening at GIIFOO by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.6 /10We successfully registered an account with GIIFOO in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at GIIFOO is $500. The onboarding procedure works as expected, although there is room for improvement in speed and simplicity.
- Fully online account opening process
- Low minimum deposit requirement
- Account approval may require extra time depending on the documentation.
- Registration process may take longer than expected
GIIFOO account opening GIIFOO Plus500 OANDA Online Registration YesYesYesMinimum deposit $500 $100 $0 Mandatory KYC YesYesYesRegistration time (min) 20 10 KYC time (days) 2 3 3 Is GIIFOO available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To start trading financial instruments through GIIFOO, open a live account. Follow these steps:
Register on the GIIFOO website with basic personal details.
Confirm your email.
Upload documents to complete verification.
In the user account menu, select Open Live Account.
Features of GIIFOO user account allow traders to:
- Open live or demo accounts.
- Deposit and withdraw funds.
- Link an existing trading account.
- Update personal details and change the login password.
- Contact support via live chat.
- View company notifications.
- Select the interface language, English or Chinese.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria8.5 /10GIIFOO received a score of 8.5/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.
- One-click trading
- MetaTrader is available
- Proprietary platform with unique features
- API access for automated trading
- Strategy (EA) Builder is not available
- No access to Free VPS
- No access to cTrader and its advanced tools.
Supported trading platforms
GIIFOO supports the following trading platforms: MT4, MT5, Proprietary platform, WebTrader. This selection covers the basic needs of most retail traders. We also compared GIIFOO’s platform availability with that of top competitors to assess its relative market position.
GIIFOO Plus500 OANDA MT4 YesNoYesMT5 YesNoYescTrader NoNoNoTradingView NoYesYesProprietary platform YesYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey GIIFOO’s trading platform features
We also evaluated whether GIIFOO offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA NoAlerts YesTrading bots (EAs) YesOne-click trading YesScalping NoSupported indicators 60 Tradable assets 10,000 Additional trading tools
GIIFOO offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
GIIFOO trading tools vs competitors GIIFOO Plus500 OANDA Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. NoNoNoAPI YesNoYesFree VPS NoNoYesStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. NoNoYesAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. NoNoYes -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria3 /10GIIFOO supports mobile trading, offering dedicated apps for both iOS and Android. GIIFOO received 3/10 in this section, which suggests limited user interest or weak performance of the apps.
- Mobile alerts supported
- Indicators supported
- Mobile 2FA not supported
- Weak user feedback on Android
We compared GIIFOO with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
GIIFOO Plus500 OANDA Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. - 10,000,000 1,000,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. - 4.7 4.8 Google Play score - 4.4 3.4 Mob. 2FA NoYesYesMob. Indicators YesYesYesMob. Alerts YesYesYes -
Customer Support
Score:We evaluated Customer Support at GIIFOO by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria1.3 /10GIIFOO demonstrates a low level of customer support reliability. Contacting support can be difficult, and responses may be significantly delayed or incomplete.
During testing, managers were slow to respond or failed to provide sufficient assistance. Such a support level may create risks for traders who require timely issue resolution.
InformationGIIFOO provides client support, but response speed and overall service quality are weaker compared to many competing brokers. Chat operators do not respond immediately, and detailed trading conditions often require follow-up questions. Communication channels are limited, and there is no option to contact the company through messengers or social media platforms.
- There is a chat on the website
- You can email the company
- No 24/7 support
- Few communication channels
- Slow chat response
GIIFOO communication methods:
- Chat on the website;
- Chat in the user account;
- Company email.
Contacts Registration address 7030 Woodbine Avenue, Suite 500, Markham, Ontario L3R 6G2, Canada Regulation FINTRAC Licence number:
C10001471Official site https://www.giifoo.com/en Contacts info@giifoo.com
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FAQs
How is GIIFOO regulated and what safety measures does it provide for traders?
GIIFOO has a safety score of 8/10 and is regulated by FINTRAC in Canada, which is classified as Tier-1 regulation in this review. The broker requires KYC verification but does not provide negative balance protection, and details about any investor compensation fund or the company’s foundation date are not specified in the section.
What types of trading accounts does GIIFOO offer and how do they differ?
GIIFOO offers a live account and a demo account, with the same trading conditions applied to all traders regardless of experience, deposit size, or strategy. The live account requires a minimum deposit of $500 and KYC verification, while the demo account uses virtual funds, mirrors live market conditions, and can be opened without verification.
What do GIIFOO user reviews and feedback indicate about overall satisfaction?
GIIFOO has a user satisfaction score of 5.2/10 based on 5 reviews, with 60% of ratings at 3 stars and 40% at 2 stars, and no 4- or 5-star reviews. According to user reviews, overall sentiment is mostly negative in this sample.
How do reviews describe the GIIFOO account opening process and verification times?
The account opening process at GIIFOO is fully online, with registration taking about 20 minutes and KYC verification typically completed within 2 business days, according to the review. The section notes that while the procedure works as expected, both registration and account approval may take longer than some users might prefer.
What do reviews and comments say about GIIFOO customer support quality?
The section describes GIIFOO’s customer support as having low reliability, with slow or incomplete responses reported during testing. Communication is available via website chat, in-account chat, and email, but there is no 24/7 support and no contact options through messengers or social media, which may be a drawback for users needing faster assistance.
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